The change in the value of an account when given the nearest dollar?

rusak2 [61]

5.64 is greater than 5.624
Look at the hundredths place, (third place from left to right)
4 is bigger than 2

7 0

2 years ago

store one is selling three notebooks for $5.13 store to is selling 5 notebooks for $8.40 store 3 7/8 notebooks for $14 in which

sdas [7]

Answer:

store 2

Step-by-step explanation:

This is because store one sells notebook for 5.13. Store 2 sells one notebook for 1.68, and the last stores sells one notebook for 2 or 1.75. Meaning that store 2 sells it for cheap.

5 0

2 years ago

A study of long-distance phone calls made from General Electric Corporate Headquarters in Fairfield, Connecticut, revealed the l

Katena32 [7]

Answer:

(a) The fraction of the calls last between 4.50 and 5.30 minutes is 0.3729.

(b) The fraction of the calls last more than 5.30 minutes is 0.1271.

(c) The fraction of the calls last between 5.30 and 6.00 minutes is 0.1109.

(d) The fraction of the calls last between 4.00 and 6.00 minutes is 0.745.

(e) The time is 5.65 minutes.

Step-by-step explanation:

We are given that the mean length of time per call was 4.5 minutes and the standard deviation was 0.70 minutes.

Let X = the length of the calls, in minutes.

So, X ~ Normal( $\mu=4.5,\sigma^{2} =0.70^{2}$ )

The z-score probability distribution for the normal distribution is given by;

Z = $\frac{X-\mu}{\sigma}$ ~ N(0,1)

where, $\mu$ = population mean time = 4.5 minutes

$\sigma$ = standard deviation = 0.7 minutes

(a) The fraction of the calls last between 4.50 and 5.30 minutes is given by = P(4.50 min < X < 5.30 min) = P(X < 5.30 min) - P(X $\leq$ 4.50 min)

P(X < 5.30 min) = P( $\frac{X-\mu}{\sigma}$ < $\frac{5.30-4.5}{0.7}$ ) = P(Z < 1.14) = 0.8729

P(X $\leq$ 4.50 min) = P( $\frac{X-\mu}{\sigma}$ $\leq$ $\frac{4.5-4.5}{0.7}$ ) = P(Z $\leq$ 0) = 0.50

The above probability is calculated by looking at the value of x = 1.14 and x = 0 in the z table which has an area of 0.8729 and 0.50 respectively.

Therefore, P(4.50 min < X < 5.30 min) = 0.8729 - 0.50 = 0.3729.

(b) The fraction of the calls last more than 5.30 minutes is given by = P(X > 5.30 minutes)

P(X > 5.30 min) = P( $\frac{X-\mu}{\sigma}$ > $\frac{5.30-4.5}{0.7}$ ) = P(Z > 1.14) = 1 - P(Z $\leq$ 1.14)

= 1 - 0.8729 = 0.1271

The above probability is calculated by looking at the value of x = 1.14 in the z table which has an area of 0.8729.

(c) The fraction of the calls last between 5.30 and 6.00 minutes is given by = P(5.30 min < X < 6.00 min) = P(X < 6.00 min) - P(X $\leq$ 5.30 min)

P(X < 6.00 min) = P( $\frac{X-\mu}{\sigma}$ < $\frac{6-4.5}{0.7}$ ) = P(Z < 2.14) = 0.9838

P(X $\leq$ 5.30 min) = P( $\frac{X-\mu}{\sigma}$ $\leq$ $\frac{5.30-4.5}{0.7}$ ) = P(Z $\leq$ 1.14) = 0.8729

The above probability is calculated by looking at the value of x = 2.14 and x = 1.14 in the z table which has an area of 0.9838 and 0.8729 respectively.

Therefore, P(4.50 min < X < 5.30 min) = 0.9838 - 0.8729 = 0.1109.

(d) The fraction of the calls last between 4.00 and 6.00 minutes is given by = P(4.00 min < X < 6.00 min) = P(X < 6.00 min) - P(X $\leq$ 4.00 min)

P(X < 6.00 min) = P( $\frac{X-\mu}{\sigma}$ < $\frac{6-4.5}{0.7}$ ) = P(Z < 2.14) = 0.9838

P(X $\leq$ 4.00 min) = P( $\frac{X-\mu}{\sigma}$ $\leq$ $\frac{4.0-4.5}{0.7}$ ) = P(Z $\leq$ -0.71) = 1 - P(Z < 0.71)

= 1 - 0.7612 = 0.2388

The above probability is calculated by looking at the value of x = 2.14 and x = 0.71 in the z table which has an area of 0.9838 and 0.7612 respectively.

Therefore, P(4.50 min < X < 5.30 min) = 0.9838 - 0.2388 = 0.745.

(e) We have to find the time that represents the length of the longest (in duration) 5 percent of the calls, that means;

P(X > x) = 0.05 {where x is the required time}

P( $\frac{X-\mu}{\sigma}$ > $\frac{x-4.5}{0.7}$ ) = 0.05